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Mitsotakis, ND officials rebuff suggestion of credit line
PoliticsGreek PoliticsMitsotakis would seek to use part of these funds to back an NPL-reduction plan for Greek banks. He said
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBanking, lower rent expenses and reduced NPL remedial management costs and third-party fees. Costs
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Newsletter 220 -20/09/2019
Looking for next steps forward Fourth post-MoU review underway, early IMF payment, NPL plans submitted The fourth review of the enhanced surveillance period began this week, with the institutions’ mission chiefs due in Athens on Monday Greece also submitted an official request this week to pre-pay
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Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankingand the eurozone, he did not comment publicly on the government’s efforts to tackle the NPL challenge
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Newsletter 222 -04/10/2019
the NPL challenge facing local banks. The Greek proposal still has to receive the all clear from DG
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Newsletter 241 - 28/02/2020
NPL stock was now of utmost importance. 2 Economic sentiment at 113.2 in Feb Strong improvements
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingProtection Scheme (“HAPS”) to further derisk the bank’s balance sheet. NPL stock came to 16.8 billion euros
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingextended to non-NPL customers. All of the bank’s business customers had been contacted to assess impact
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Property e-auctions resume after pandemic hiatus as banks focus on NPLs
EconomyBankinghad been falling. In July, the Bank of Greece said that NPL stock at the end of 2019 came to 68.5
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingworth 2 billion euros. In addition to NPL activity, NBG also issued a 500 million euro Green senior
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